VW and Renault end talks to develop affordable EV

17 May 2024, 12:00 am

1 min read

FILE PHOTO: A giant logo of Volkswagen is pictured on the wall of its production facility in Wolfsburg, Germany, April 28, 2016. REUTERS/Fabrizio Bensch/File Photo

Reuters exclusively reported that Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, in a setback for the EU carmakers’ efforts to fend off Chinese rivals.